SAN FRANCISCO (PRWEB) April 05, 2018
With the enactment of the Consolidated Appropriations Act of 2018, the Low-Income Housing Tax Credit (LIHTC) program saw a temporary 12.5 percent increase in 9 percent volume cap and an income-averaging option that is expected to help offset some of the affordable rental housing production lost through tax reform. Further implications of the legislation will be discussed at Novogradac’s 25th Annual Affordable Housing Conference at the Palace Hotel in San Francisco, May 17-18.
“In the 25 years since Novogradac hosted the first Affordable Housing Conference, low-income housing tax credit industry participants have grown and evolved in their continued efforts to meet the affordable housing needs of the families they serve,” said Jeff Nishita, CPA, conference chairman and partner at Novogradac & Company LLP’s San Francisco office. “This conference is designed to help attendees build on that tradition of innovation and give them the tools they need to keep making informed decisions.”
Michael Novogradac, CPA and managing partner of Novogradac & Company LLP, will deliver an address on affordable housing industry lessons learned over the past 25 years and insights on how to prepare for the future.
Panel discussion topics will include tax reform, affordable housing provisions under the fiscal year 2018 omnibus spending bill, the growth of 4 percent bond transactions, an update on the Rental Assistance Demonstration (RAD) program and more. In addition, three pre-conference workshops will be offered May 16: LIHTC 202: Year 15 Overview, LIHTC 203: Acq/Rehab Basics and LIHTC 301: Running the Numbers. Separate registration fees apply.
Conference details and the complete conference agenda can be found at http://www.novoco.com/events/novogradacs-25th-annual-affordable-housing-conference.
Novogradac’s 25th Annual Affordable Housing Conference sponsors include Enterprise Bellwether Enterprise, Pillsbury Winthrop Shaw Pittman LLP, R4 Capital, PGIM Real Estate Finance, CREA, CBRE Affordable Housing, Arnall Golden Gregory LLP, Spencer Fane, Dentons, WNC, Hunt, Candeur Group, RBC Capital Markets and PNC Real Estate.
About Novogradac & Company
Novogradac began operations in 1989 and has since grown to more than 600 employees and partners with offices in San Francisco, San Rafael, Walnut Creek and Long Beach, Calif.; Dover, Columbus and Cleveland, Ohio; Austin, Dallas and El Paso, Texas; Toms River and Iselin, N.J.; St. Louis; Boston; New York; Chicago; Portland, Ore.; Naples, Fla., Raleigh, N.C.; and the greater metropolitan areas of Philadelphia; Washington, D.C.; Atlanta; Detroit; Kansas City, Mo.; and Seattle.
Specialty practice areas include tax, audit and consulting services for tax-credit-assisted affordable housing, community revitalization, rehabilitation of historic properties and renewable energy. Other areas of expertise include business valuation, preparation and analysis of market studies and appraisals of multifamily housing investments and renewable energy tax credit projects.